Madison Market Report
$274,948
AVERAGE PRICE OF 90 HOMES$550,312
AVERAGE PRICE OF 8 NEWLY BUILT HOMES$475,000
AVERAGE PRICE OF 2 HOMES WITH A POOL$419,500
AVERAGE PRICE OF 2 REDUCED PRICE HOMES$2,600,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMESAverage Home
| Average Price | $274,948 |
| Avg Bedrooms | 2.79 beds |
| Avg Bathrooms | 1.72 baths |
Average Price by Bedrooms
| 1 bedroom | $134,800 |
| 2 bedrooms | $173,638 |
| 3 bedrooms | $249,204 |
| 4 bedrooms | $412,945 |
| 5 bedrooms | $324,300 |
Madison Home Price Trends
| 5/2019 | 4/2019 | 3/2019 | 2/2019 | 1/2019 | |
|---|---|---|---|---|---|
| Total Listings | 106 | 107 | 97 | 105 | 116 |
| Average Price | $240,917 | $235,460 | $242,165 | $239,173 | $242,386 |
| Avg Price Change | +2.32% | -2.85% | +1.25% | -1.34% | -1.61% |
| Median Price | $211,759 | $217,124 | $220,055 | $219,806 | $224,470 |
| Med Price Change | -2.53% | -1.35% | +0.11% | -2.12% | -3.61% |
| Avg Bedrooms | 2.84 beds | 2.87 beds | 2.89 beds | 2.8 beds | 2.93 beds |
| Avg Bathrooms | 1.76 baths | 1.73 baths | 1.74 baths | 1.76 baths | 1.84 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hunters Lane Comp High School | 72 | $240,066 | 53 days |
| Madison School | 1 | $425,000 | 115 days |
| Maplewood Comp High School | 17 | $413,858 | 32 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 90 | $274,948 | 50 days |
| Newly Built Homes | 8 | $550,312 | 129 days |
| Homes with a Pool | 2 | $475,000 | 96 days |
| Reduced Price Homes | 2 | $419,500 | 44 days |
| Multi-Million Dollar Homes | 1 | $2,600,000 | n/a |
